The GST rebate would be phased down as the price of the home approaches $1.5 million. Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction starts before ...

The report released Wednesday by the office of Parliamentary Budget Officer Yves Giroux says the key election pledge from Prime Minister Mark Carney offering new homebuyers full GST rebates on new ...

OTTAWA — The federal government’s GST rebate on new homes should be extended to seniors who want to downsize, a new report says, to help boost the supply and cut the price of family homes.

In cases where the GST portion of a new home sale is rolled into the mortgage principal, the typical owner could expect to save $240 per month on mortgage payments, she said. The savings are more ...